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2025 General Plan Annual Progress Report <br /> Attachment C <br /> V. Description of Transfers: This section describes transfers, if any, to another housing <br /> successor agency made in previous Fiscal Year(s), including whether the funds are <br /> unencumbered and the status of projects, if any, for which the transferred LMIHAF will <br /> be used. The sole purpose of the transfers must be for the development of transit <br /> priority projects, permanent supportive housing, housing for agricultural employees or <br /> special needs housing. <br /> VI. Project Descriptions: This section describes any project for which the Housing <br /> Successor receives or holds property tax revenue pursuant to the ROPS and the status <br /> of that project. <br /> VII. Status of Compliance with Section 33334.16: This section provides a status update <br /> on compliance with Section 33334.16 for interests in real property acquired by the <br /> former redevelopment agency prior to February 1, 2012. For interests in real property <br /> acquired on or after February 1, 2012, provide a status update on the project. <br /> Vill. Description of Outstanding Obligations under Section 33413: This section <br /> describes the outstanding inclusionary and replacement housing obligations, if any, <br /> under Section 33413 that remained outstanding prior to dissolution of the former <br /> redevelopment agency as of February 1, 2012 along with the Housing Successor's <br /> progress in meeting those prior obligations, if any, of the former redevelopment agency <br /> and how the Housing Successor's plans to meet unmet obligations, if any. <br /> IX. Income Test: This section provides the information required by Section <br /> 34176.1(a)(3)(B), or a description of expenditures by income restriction for five year <br /> period, with the time period beginning January 1, 2014 and whether the statutory <br /> thresholds have been met. Information is provided covering the period of July 1, 2020— <br /> June 30, 2025. <br /> X. Senior Housing Test: This section provides the percentage of units of deed-restricted <br /> rental housing restricted to seniors and assisted individually or jointly by the Housing <br /> Successor, its former redevelopment Agency, and its host jurisdiction within the previous <br /> 10 years in relation to the aggregate number of units of deed-restricted rental housing <br /> assisted individually or jointly by the Housing Successor, its former Redevelopment <br /> Agency and its host jurisdiction within the same time period. For this Report the ten-year <br /> period reviewed is January 1, 2015 to December 31, 2024. <br /> XI. Excess Surplus Test: This section provides the amount of excess surplus in the <br /> LMIHAF, if any, and the length of time that the Housing Successor has had excess <br /> surplus, and the Housing Successor's plan for eliminating the excess surplus. <br /> XII. Inventory of Homeownership Units: This section provides an inventory of <br /> homeownership units assisted by the former redevelopment agency or the Housing <br /> Successor that are subject to covenants or restrictions or to an adopted program that <br /> H USING AUTHORITY OF THE CITY OF SANTA ANA—FY 2024/25 C-2 of 10 <br />